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Cradlepoint - About the company

Cradlepoint is an acquired company based in Boise (United States), founded in 2004 by Ryan Adamson. It operates as a Provider of wireless wide area network and private cellular solutions. Cradlepoint has raised $155M in funding from investors like TCV, Sorenson Capital and OVP Venture Partners, with last known valuation of $*****. The company has 1181 active competitors, including 139 funded and 174 that have exited. Its top competitors include companies like Dell, Broadcom and Netskope.

Company Details

Provider of wireless wide area network and private cellular solutions. The company offers routers, adapters, and radios. It provides private and enterprise coverage solutions. Additionally, the company offers security access service edge.
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Part Of
Registered Address
Boise, Idaho
Key Metrics
Founded Year
2004
Location
Stage
Acquired
Total Funding
$155M in 7 rounds
Latest Funding Round
Last Known Valuation
$***** as on Nov 16, 2025
Investors
Ranked
Employee Count
692 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Ericsson (Sep 18, 2020)

Cradlepoint's acquisition details

Cradlepoint got acquired by Ericsson on Sep 18, 2020.
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Cradlepoint's funding and investors

Cradlepoint has raised a total funding of $155M over 7 rounds. Its first funding round was on Oct 2007. Its latest funding round was a Series C round on Mar 09, 2017 for $*****. 1 investor participated in its latest round. Cradlepoint has 11 institutional investors.

Here is the list of recent funding rounds of Cradlepoint:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 09, 2017
4784704
Series C
1279856
1857031
8616716
3700699
Feb 09, 2015
2079141
Series B
4447318
2476862
5957545
Jul 24, 2012
9414788
Series B
5465247
8561045
3230907
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Cradlepoint's founders and board of directors

Founder? Claim Profile
The founders of Cradlepoint is Ryan Adamson.
Here are the details of Cradlepoint's key team members:

Cradlepoint's employee count trend

Cradlepoint has 692 employees as of Mar 26. Here is Cradlepoint's employee count trend over the years:
Employee count trend for Cradlepoint
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Cradlepoint's Competitors and alternates

Top competitors of Cradlepoint include Dell, Broadcom and Netskope. Here is the list of Top 10 competitors of Cradlepoint, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Dell
Dell
1984, Round Rock (United States), Public
Provider of enterprise servers and cloud solutions
-
80/100
2nd
Logo for Broadcom
Broadcom
1991, California (United States), Public
Platform offering data center fiber optic networks
-
79/100
3rd
Logo for Netskope
Netskope
2012, Santa Clara (United States), Public
Cloud security platform for enterprises
$1.44B
79/100
4th
Logo for Particle
Particle
2011, San Francisco (United States), Acquired
Developer of a prototype to production connectivity platform for IoT
$135M
78/100
5th
Logo for Software AG
Software AG
1969, Darmstadt (Germany), Acquired
Provider of digital transformation solutions, services, and enterprise application products
-
77/100
6th
Logo for Cisco
Cisco
1984, San Jose (United States), Public
Provider of AI infrastructure, secure networking, and software solutions
$2.5M
77/100
7th
Logo for Cradlepoint
Cradlepoint
2004, Boise (United States), Acquired
Provider of wireless wide area network and private cellular solutions
$155M
65/100
8th
Logo for PTC
PTC
1985, Boston (United States), Public
Provider of software for product lifecycle management, CAD, IoT, and service
-
76/100
9th
Logo for Cato Networks
Cato Networks
2015, Tel Aviv (Israel), Series G
Provider of converged network security solutions with threat prevention capabilities
$1.16B
76/100
10th
Logo for Ayla Networks
Ayla Networks
2010, Milpitas (United States), Series D
Provider of an IoT platform for smart home and device solutions
$144M
73/100
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Cradlepoint's Investments and acquisitions

Cradlepoint has made 1 investment in Leary Firefighters and acquired Ericom and Pertino.
Here is the list of these investments and acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Apr 05, 2023
Acquisition
1993
Jerusalem (Israel)
Apr 20, 2022
Investments
2000
New York City (United States)
Dec 08, 2015
Acquisition
2011
Los Gatos (United States)
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News related to Cradlepoint

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